Mclean County Government has laid out a proposed new $79.4 million budget. That is an increase of about 1.7% or the same as the jump in the consumer price index. Bill Wasson is the County Administrator.
Wasson says sales taxes and fees are projected to increase, but property values and tax revenue are falling.
The property tax RATE is slated to rise only slightly under the proposal now going to county committees. The owner of a home with an average value of about $165,000 would pay about five dollars more to the county in property taxes. The County plans to cut two more jobs as a result, for a total drop of 45 positions in the last five years. Several union contracts also expire in the coming budget year, but Wasson says the length of negotiations could postpone budget impacts until the following year.
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